tv Cavuto Coast to Coast FOX Business September 6, 2016 12:00pm-2:01pm EDT
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facebook is almost at the $129 per share. and all-time lifetime stock. those of the suites a big stories, it is this man, a good man, neil cavuto, who is back. it is yours. neil: appreciate that and all your kindness out there, i still have a job, good to be here. where have you been? thomas jefferson and the broadway show, what did i miss? did i miss something? were you away? not that connell. the news story is cavuto has a heart. connell mcshane, the real news story is you can type. the funniest anchor in the world
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returns, my life has meaning again, thank you. doctor avian in boston right please tell me you are eating healthy. please tell me you are not one of those doctors who text. donna, how do i know it is the real you? look at this hair. no one can re-create this work of art. charles payne has tried. crystal emails she is not buying any of it. i think you got it and fox doesn't want to admit it. you looked like a corpse before open-heart surgery. i forgot about that. comments in detroit, you are back but all of your substitutes were far better but they never interrupted and always remained classy with guests. it is a pity you are alive but welcome back i guess. alicia in atlanta, so glad you're back, we missed your charming face all these months. bob emails start slow, don't
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rush things, not like o'reilly. he built a career on it. let's not be mean. in new orleans, look at the bright side, you missed all the soap opera fun at fox while you were away. nothing happened while i was away. impressive guest list on foxbusiness, have lined up for my return, carl like on, who is next? the pope? the pope is next week. unfortunately, cavuto who, frankly you are not necessary anymore. your incredible stab never missed a beat and with hosts who were astounding and the guest list that was second to none failed unless the kids handle things. steve in rochester, new york, you strike me as rich and cheap. you no doubt stashed away a lot of money and retired, so you can have fun and use your whiny,
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obnoxious voice again. there is mike and irene in cleveland, when we heard about your open-heart surgery, you are becoming sympathetic. we think you would get the message and not go back but you come waltzing back like douglas macarthur, who we might point out resided in jeep grass. thank you for noting it. this is the first time you heard. those are a few of the tens of thousands of emails i have received over the past few months, each and every one made them less scary. i can honestly say in all fairness, i wouldn't wish what i have been through on anyone, even cnbc. it was scarier than these images of me walking around hours after my operation in a hospital gown that sometimes showed a bit too much. i am saving you the excitement.
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many have remarked on my socks here. stop it. they are supposed to prevent me from falling. they did not work. young ladies walking with me, day by day i walked a little more and cried ltlmore, prodded by my tough surgeon, doctor jacob tiedemann, eventually got over my funk. it might surprise you, tv anchors can get self absorbed and self-pity and, this doctor would not allow it. he said there is a way to beat this and deal with it, keep at it and never give up. everyone including so many of you, with all your prayers and good thoughts, you refused to let me succumb to what some call a cardiac crash. thank you for that and i want to thank the medical staff and this fine network on fox news shows and all the better looking
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folks. who took over this chair in my absence. this was very demanding work led by charles payne who i don't think had an hour go by, connell mcshane, the guy doesn't sleep but always looks great, everybody loves him, no idea why. last but not least, charlie gasparino. especially -- >> i didn't shave just for you. i answer these guys up top because i love them to death, they did great work, so great, my cardiologist said you could afford another couple months off. i was telling -- who is the british guy before me? my close and personal friend, stuart varney, the ratings are
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so good and you started calling it coast to coast with pain. charles: charles coast-to-coast rolls off the tongue doesn't it? >> trying to catch up and thinking of you with the tight presidential race, and pulled go up or down, are tightening dramatically but -- charles: a lot of it is losing ground was the latest cnn poll shows him gaining but most polls look at her coming down, him staying in the low, donald, hillary -- 40%. the electoral college gets difficult but here is the real issue. he really does have a shot. if he can convince, here's where it gets interesting where he is losing ground, losing ground among republicans who have a college degree particularly women, those are people moving away from him, hard to make that sale.
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older women are different. the soccer moms if you have a college degree you are moving away from it and one thing i focus on in the post and spoke with a lot of republican consultants, if he can move away or soften, the rabid stuff on immigration doesn't mean he can't have immigration but stay away from the crazy stuff and moved to a more economic message. he can win the vote and win. charles: it is all about money and whether he has spent it. neil: states like florida producing sony -- she spent the better part of the last month just like you. connell: she spent time -- neil: you can add onto that. a little more sympathy. connell: she spent most of the month raising money, beverly hills and that kind of thing, she had a rough last few weeks and that brought donald trump
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back into the race. he can win. the cnn poll is getting a lot of attention but the washington post, the 50 states poll, what they found, 20/20 in the states, each candidate up four or more points. in hillary clinton's state you have 240 electoral votes and donald trump, 126. neil: i am -- it is so low. charles: he is notorious for not prepping for these things and it is one on one. neil: charles goes through all the notes. connell: suppose he has a good debate. he could win. neil: ronald reagan trail jimmy carter and his performance -- the narrative -- charles: it gets back to the electoral college and to your point i looked at every one of
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these, the top 11 swing states. every -- the white population had 40% more college degrees, hillary enjoys a solid lead. neil: the popular vote narrows nationally it would stand to reason it would narrow in those states but not enough. charles: what is interesting with the cnn poll, it is not getting enough press because of the shock factor. likely voters -- registered voters hillary is still winning by 3 but likely voters underscore the enthusiasm that we see in donald trump, the enthusiasm -- those are the likely voters, last time it was registered, mixing apples and oranges but the bottom line is hillary has an enthusiasm issue. if the polls are tight, i don't think the brexit polls were wrong. the millennial's --
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neil: a lot of people didn't admit to pollsters. charles: the lead was winning. it was a short, one week call where people were afraid to say someone was gunned down in the street, i am for this but by the same token we are knocked out, millennial didn't show up. hillary has to find a way to make sure millennial's show up, blacks show up and hispanics show up and the enthusiasm gap. charles: this is why he needs college-educated white people, it comes down to donald trump losing that part of the voting block as he gained others. how do you get that voting block, with every strategist including our bosses, to an economic message. harp on the economy. charles: criticizing republicans. charles: stick on message. charles: really terrific. can you talk more in this
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segment. it is skim milk. neil: it is a life-changing event. in the meantime there we go. he will shave now. do any of you remember when mark cuban and donald trump seemed to get along. >> a big win or something, talk about the things. i don't support a lot of his policies but i like the way he has energized people and he tapped into the fact that this is not about issues anymore. they don't trust government. neil: mark cuban on the warpath,
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charles: i appreciate that. you were getting richer and richer over the years. what is the relationship between you and donald trump? >> we don't have one. you ran that clip and i was 100% accurate. people were excited about him and it wasn't about issues. there were a lot of things i disagreed with him on and at some point issues matter, policy matters, we just have the following out on that issue. >> i remember paraphrasing mark cuban, it was like the seinfeld campaign, all about nothing. donald trump took offense to that, his campaign is about something. do you want to take those words back? >> absolutely not. donald has done a great job setting the agenda for the media. he is a master at headlines,
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you'd want to deal with the headlines and not look underneath it, no one looked better than him. that is not the decisionmaking, what i look for when i decide who to vote for for president. at some point somebody has to govern. he would have to understand policy. at some point he would have to get into details and he has not shown a talent for doing any of those. neil: her own past. >> all candidates flip-flopped to a certain extent over the years. in terms of details, discussing the emails, hillary clinton is not good at communicating with the media, donald the master of it. people don't trust her govern --
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judgment about classified information. they did not discuss what she did with classified information. the reality is for 99% of the classified information she dealt with she did it in hard copy, secured transfer, everything done by the book, she didn't even use a pc. for her email she sent and received email from a total of 13 people. that is it. 13 people. across those 13 people there were 68 classified threads. over the course -- neil: that we know of and 15,000 more are out there. >> that is not the case. because the fbi went and interviewed anybody and everybody connected with her email. neil: i'm not taking sides, when someone set up their own private email server is secretary of state in the united states? >> i am a tech guy.
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i set up email servers. i understood the security m &. neil: you knew the benefits. >> it is more secure than she would have done otherwise. to your point she has done a horrible job communicating. she is trying to address the emails when the question is how does she deal with classified information on a day-to-day basis? she has a great answer and she never used the answer. she doesn't do a good job explaining herself. neil: you are behind the scenes supporter, that you would help her prepare for the debate by playing the role of donald trump, is that true? >> yes. neil: had asked had you
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volunteered? >> not like i talk to him every day, and ask for my advice on small business, to go back and talk to my shark tank, and what was important to them, top to bottom, ranking them, she included a bunch of those things, and small business proposals, she is responsive in that. neil: the issue with the san francisco 49ers, colin kaepernick sits during the national anthem, you defended him tweet researching the controversy, critics of his actions are wrong, you say he didn't throw a bomb or start a
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riot, he just sat there quietly. others have interpreted that as why now? what do you say to that? >> it just happened now. i tweet theed the after that in terms of my family and my kids i will suggest i will require they put their hand over their heart and stand for the national anthem, the pledge of allegiance, god bless america. warner: the what if maverick voters doesn't do that? >> it is a choice. the point i was making in the first week, on this day and age we don't have a lot of civil discourse. we tend to punch and yell, we tend to shoot, nothing is positive. colin kaepernick didn't put out a press release, he just didn't
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stand up. i respect somebody, if you are going to take issue with something particularly as important as standing for the national anthem, you can do it in a nonviolent manner, with so many other people creating conflict, causing situations that can lead to harm, not death, he did it in a nonviolent manner and i think that is a positive. >> the president defended his constitutional right to do this but -- on the constitutional right as tea party at the time, many of those groups ended up being scrutinized, is there a double standard on the subject of how far you put your constitutional right? if it is your political liking? >> you could take any side of that deal, i don't have an answer for you. i don't have a response.
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neil: mark cuban, i am not intentionally but pick a fight with a lot of folks, jack welch the latest when you were taking him on for attacking the clinton foundation, this idea those who helped the foundation had a pay for play reward and you wanted to prove it, he could prove it, he was throwing false accusations. is that the gist of it? >> it was intentional to pick a war. i tried to pick a war with people who defend themselves but my point was not -- never talked
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to him. when he was the ceo of ge he was accused of a lot of things. i don't know what wasn't true but i would never accuse him without knowing the facts and that is what jack welch has done. he made accusations that the bureau of labor statistics with the unemployment rate was run by the guys in chicago, not the first time for him. i am trying to make the point that only the folks who have a foundation for what they are saying -- charles: anything that looks weird about those who attended clinton events or those who gave to the foundation. >> you have to ask what is the market for getting a former president giving a speech, that is addressed.
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ronald reagan paid more than $1000 a speech in 1989, give two speeches, secondly bill clinton made 250 k for a lot of speeches, i made 250 k for a bunch of speeches, he gets paid more than i do but he was right inside the market, not getting paid more or less than the markets. neil: this with the foundation that raises questions whether there is a pay for play relationship. >> a paper play relationship suggests gaining money to give a favor. in order to determine if there is any quid pro quo there has to be some money for the trade-off. the former president of the united states who has a lot of experience creating health initiatives around the world and
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has a phenomenal brand, one of the best brands globally of anybody ever, for him to go to a foreign nation and save you give to my foundation i will provide you support, i will help you with your health initiative. you will be perceived in a more positive white because you are looking for me. neil: makes an appearance -- i won't waste your time. >> they have been investigated more than anybody, they turned over all their emails -- neil: they didn't turn them over to get the latest stats we have. >> i want to make this point, the fbi talked to everybody she email theed do. whenever you email, there are two sides, sender and receiver --
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neil: you have taken on carl icahn who has been very critical of the administration and regulation, how do you -- nothing to do a strangulated -- doesn't stop you from investing in the company. rates can improve but the trump plan -- have you talk to each other? >> i love carl. we have done business together and tried to do more business together. he is a great guy. i look up to him, he is not always right. he knew the regulations, and something that couldn't be improved, the are i ins. neil: you know about the regulated industry, but it changes all the more, he spawned
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new regulations and strangles innovative investors. >> if you are an energy company you would invest in energy. on the margin cash helps but on the same time, donald trump has not released anything of applies to energy. hillary clinton has not released anything as applies to energy, carl is in the dark for both, donald influenced or hillary is influenced, carl has no idea what will happen. neil: on the markets in general, a pretty good investor that we are in for a rocky fall. >> we don't know what we don't know. their too many external influences, when there is uncertainty overseas, what money goes into treasury, where it
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goes if rates go higher or lower and the uncertainty of the election. i have my trump hedge on. in the event donald wins i have no doubt the market tanks. i literally have put on more than 100% hedge, put on stronger if it looks -- neil: what is mark cuban doing in november? >> of the polls look like there's a decent chance donald could when i will put a huge hedge on, 100% of my equity position that protect me in case he wins. >> what is so horrible about the prospect? >> i think all the uncertainty. we don't know what donald trump's plans are and all we know are a little bit about his immigration which tends to change on a day-to-day basis and he will reduce taxes significantly. when we reduce taxes
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significantly there is a timeline involved. everyone will put out anything until next year. and we will see a huge selloff, in stocks because people take advantage of any type of taxes and who knows if the flip side comes through. we go through 20 other things. of all the things we can discuss, one thing markets hate is uncertainty, and on the global basis, all he has to do is say the wrong thing one time -- neil: mark cuban, thank you for taking the time. >> so glad you are back, continued health. when it comes to healthcare,
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. >> and i love carl, we've done business together and tried to do more business together. he's a great guy, i look up to him, respect the hell out of him, all right? but he's not always right. neil: mark cuban going after famed investor carl icahn over his preference for the energy industry, highly regulated energy industry as mr. icahn puts it and nothing the administration has done or hillary clinton proposed has changed his mind on that. mr. icahn is on the phone. good to have you.
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what do you make of what he's saying? >> mark cuban, you mean? neil: yes. >> i missed and you i'm so glad you're back. neil: thank you. >> this isn't about me and mark cuban. i like him a lot, known him for years, i wish i knew him better, he's accomplished a lot. he's made remarks and he has a right to, about my backing of trump, and you know he has a right to do it, and i answer those remarks and i answered them again, and i don't think i answered it again and maybe he did. i don't want to get into a fight with a guy i like, you know? there are enough people i don't like. i'm not a shy guy. neil: i know you're not. he just sees things differently when it comes to mr. trump. >> yeah. it's all right. neil: you know, i guess referring to you, that you wouldn't hire trump unless you were short the company. what do you make of that? >> i didn't know he said that,
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and, look, he might have said it in a moment. that's ridiculous on the face of it, if he did say it, but he has a right. sometimes he gets emotional. i certainly would hire trump. i know trump for years, i think he's a very smart guy, and frankly at this point, you know this election is not about individuals. you know, individuals over the years have surprised us. you've gotten great presidents who people thought would never make it. i think harry truman did a great job, and you see others like that, and the thing that this is all about is the economy, and we really have a very troubled economy. this country is really on the brink of a precipice. now, will we make it? i sure hope so. we're a great country, buts difficult when you're a democracy and you have a
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gridlock congress, and we have do something about it, and unfortunately, our government is gridlocked and it's not doing anything. i fought for a while, i don't get into politics as you know, neil, i thought for a while there are true absurdities, you are not repatriating $2.6 trillion because the republicans and democrats are having a food fight is absurd. i respect a lot of guys in congress, lot of senators are smart guys, but we have to do something about this or we really -- and we already have major troubles, janet yellen and the fed are holding this economy up by a string with zero interest rates, which are causing huge bubbles already. neil: do you think the bubble burst or could get pricked this fall? some are worried that the bond market looks certainly like a bubble. real estate could be back in bubble terms that could transpire.
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>> you know something? if you're an astute investor and you're not worried, there's got to be something wrong with how you look at investments. you have to be worried in that stuff. and many of the guys i really respect are very concerned. mark himself just said -- well, he was worried if donald gets in. neil: yeah, he's hedging, he's hedging. >> i'm hedged now. neil: 2008-type phenomenon? >> i tell you this, i'm not looking to pat myself on the back, but i called that housing crisis. i talked to people in washington, and everybody closed their eyes to it. you know now, i got to tell you one salient point. hillary said in one of her speeches, and i have nothing against hillary, look all that stuff with the e-mails amazes me. but i do know about economics, i know about markets, and she said rightly so interestingly
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to get this economy going, she said something like this, i don't keep this stuff and i don't remember, but you know verbatim, but i will tell you this, she said you know, you have to unleash the great power of corporate spending. something like that. and that is true. our companies are spending no money, really literally no capital spending, she says that, and in the next breath, she says but we're going to tax them and keep regulating the hell out of them. might not have used those words. how are you going to get companies to spend again? there are really good regulatory agencies, but there are many too many that don't had don't understand the economy. neil: mark cuban fears the markets would tumble on his election. i know it's a mug scheme, carl,
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you don't like to play the games. let's say donald trump is elected president in november, would the immediate response in the markets be panic of the unknown and quick sell-off or no? >> i really will say i don't think there is anybody smart enough in this world, too many unpredictables to predict what happens when you get a president, i don't think you can guess him. i think it's like going to vegas and betting. somebody is good, they picked ten reds in a row. wow! they're geniuses, it's absurd to try to pick that. let me finish a point i'm trying to make. we have today regulatory agencies, somewhere good and somewhere doing their job, i respect them, and you need laws and you need order and you need regulation, but in some cases they've gone off the
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reservation, you take the epa today. i'll give you one little example and i have an agenda because i own refineries. forget i have an agenda, you can say nobody is going to feel sorry for carl icahn and they're right not to feel sorry for me. you take the regulatory agencies, i'll tell you something people don't understand because it's complicated and something out of alice and wonderland. at the epa and i'll say who, there is a woman janet mccabe who runs the whole program as far as the clean air act goes. she runs how the epa polices it. i'm sure she's a right woman. if you look at her resume, no business experience, doesn't have any understanding in the markets. what she bases what she's done on a report written by a chemical engineer, but here's the thing that's hard to believe, and i'm going to tell it to you, this is why corporations don't invest, the
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fear is rationale like this is going to happen again. they decide in their wisdom, the epa, you have to make sure a certain amount of ethanol is blended. i'll make it as simple as possible. neil: you confused a lot of people. we're coming to a break, i want to bring in more corporate news. more carl icahn after this. is it a caregiver determined to take care of her own? or is it a lifetime of work that blazes the path to your passions? your personal success takes a financial partner who values it as much as you do. learn more at tiaa.org ...one of many pieces in my i havlife.hma... so when my asthma symptoms kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled
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on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens up airways to help improve breathing for a full 24 hours. breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. breo is not for people whose asthma is well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. once your asthma is well controlled, your doctor will decide if you can stop breo and prescribe a different asthma control medicine, like an inhaled corticosteroid. do not take breo more than prescribed. see your doctor if your asthma does not improve or gets worse. ask your doctor if 24-hour breo could be a missing piece for you. see if you're eligible for 12 months free at mybreo.com. . >> this is connell mcshane back with you in the newsroom. time for the fox business brief. we have news on the potential
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for a deal between bayer and monsanto, willing to pay more than $65 billion for the seed company monsanto, sweetening their offer. there is a question will the justice department let this happen? we've seen a trend here we've been reporting on as we look at big deals being held up. anthem and cigna 55 billion, still hasn't gone through. aetna and humana, hasn't gone through. these have been called off by the government or a justice department, staples and office depot. the big deals would make for a less competitive environment. more "cavuto: coast-to-coast" with neil cavuto and carl icahn after a quick break.
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upgrade your phone system and learn how you could save at vonage.com/business . neil: probably not a big surprise here, new york attorney general says he's going to launch antitrust investigation over mylan over the epipen pricing issues. carl icahn on the phone. i'm veering off what we were just discussing. what do you make of this now and state general looking into this? >> you're talking about mylan? neil: yes. >> i talk about what i study and i know. i owned mylan many years ago, i may have an opinion, but i'm not going to get into it. neil: downing the government
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has a role if it's deemed it an urgent product like epipen is being prohibitively priced? >> you know, you got me onto discuss what i think about the election and the big picture, i'm not getting into that. i mean, there are people that are much better able to discuss that with you than i am. i've done well in the far ma business over the years, i think i talk about what i know, people talk about too many things, maybe, and i'm not going to get into it. i'd like to get into what i was talking about -- neil: if you'll indulge me, i want to get into the broader theme about some corporate news goinga, apple more to the point. a big announcement tomorrow, it's coming out. where are with you apple right now? >> we don't own it at all. neil: no shares at all? >> no shares of apple. i think it's a very good company, and, you know, we made
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a big profit on it, and i'm not going to tell you apple is not good but i am relatively bearish on the economy. i was getting to the reason why in the big picture and you keep trying to veer me off of it. neil: i'm sorry about that, things are tight, on the economy, you seem to say it's getting long in the tooth, right? >> i think in our economy you don't have capital spending, you don't have capital spending because in certain cases one of the major reasons and i think stuart varney spoke about it earlier today on your program, and actually you know stephen moore was on with him and it was interesting, i and think he's right. you have to lower, maybe you have to lower taxes, but the point they think is even more important to get capital spending back, you have to not do irrational regulations and this is what the epa is doing right now. that's one example of the
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rationality. now, there are good regulations, if you the -- but the problem today, neil, if you look at it, we all wonder, and the pundits wonder what's going on? there's no productivity. you don't have growth even with zero interest rates, and i'll tell you what's going on in my opinion, that corporations are afraid to spend money. they're not buying new machinery, because they're worried that they're going to get overregulated. you need regulation, you need safety, but you don't need a bunch of people in there telling you how to run your companies. telling you how you must do this, you must do, that must do this and you have no experience. today, my example, which is completely rational, that is the refinery, they decide in their great wisdom, refineries must be responsible for blending, maybe it's an arcane point, but you know what it's doing? putting a lot of refineries out of business.
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the epa decided you must be responsible to blend ethanol when nobody will buy blended ethanol. neil: it hasn't steered you from investing in that sector. >> well, i wouldn't have invested in it if i knew that was a regulation. we didn't know that. neil: so they changed the rules in the middle of it? >> and they change them and adjust them, so forget me. let's take me out of equation, i'm a rich guy and can afford it. what about the smaller refineries that are going out of business that are going to be back up. you know what's going to happen? big oil has succeeded in what they could never do before. the epa -- big oil is going to be the giant in that business, they're going to be an oligopoly. everything we could have done something about is now happening. >> you were way ahead on that. i remember that distinctly. could i switch gears on herbalife.
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i surprised a lot of people when i heard you bought 2.6 million more shares of the company, and it came at a time when bill ackman, the big investor was thinking you were going to sell him a stake in the company. where are you -- >> ackman, first of all, went on tv and started talking about the fact that an investment banker called him saying my stock was for sale or something to that effect. you know i never offered my stock to anyone, plus the fact that you sort of violated a rule there. i get business all the time, i would never talk about business i get for my stock. this is completely off the record. you violated that code on tv plus the fact i never made an offer on my stock, plus he went out and said i really wanted out, they was disenchanted with the company or something like that.
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how can somebody talk about what another man thinks? it's incredible. neil: you guys talk to each other on this? >> who? neil: you and ackman? >> no. look, i sort of -- you know, sort of, you know, have a truce with ackman. look, i have nothing against the guy, at this point week had a fight many years ago, but we talked -- maybe talked about a year ago, i remember talking to him at the u.s. open or something like that. neil: obviously, you are doubling down a little bit, you are committed to it. where are you going with this? >> well, you asked me where i'm going. i have to be careful, but obviously i bought 2.4 million shares -- well, i've said it publicly, i think the company is undervalued, and i did say, ackman too said i was basically not telling the truth.
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he'll say anything, i got the right from the government to buy 35% of the company. ackman said i will never buy another share. i was doing to get the stock up. here i bought 2.4 million shares, we bought a little bit more, we announced on friday, and so, look, i think it's a very -- i said it for three years, i think it's undervalued. i can't say more than that because we're on the board. neil: finally, let me ask you, if donald trump does become president and says carl, i need you in my administration, what would you say? >> i'd be in the kitchen cabinet. i'd be willing like andrew jackson, i guess, i'd be happy to talk to him, advise him and discuss things with him. i'm not going to washington. too late in the day to go to washington and report to anyone of i've never reported to anyone in my life. [ laughter ] >> carl, i want to thank you very much. my first day back, it was nice to chat with you. appreciate it.
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>> good talking to you neil, glad you are back. we missed you, okay. neil: i appreciate that carl icahn. far from leading still in, still active and at 80 years young, still kicking. much more after this. who's with me? i'm in. i'm in. i'm in. i'm in. ♪ ♪ one, two, - wait, wait. wait - where's tina? doing the hand thing? yep! we are all in for our customers. ally. do it right.
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one, two, - wait, wait. wait - where's tina? doing the hand thing? yep! we are all in for our customers. ally. do it right. . neil: all right. well, you know stuart varney is a big deal when carl icahn is quoting his show. now, i'm sure carl is talking about my show. okay, he wasn't. thank you, stuart, for all your hard work in my absence. >> what do you mean by that? great seeing you. neil: same here, my friend. you know what's interesting, i don't know if you're hearing this from your guest, yet another rich guy, two rich guys from opposite ends politically, mark cuban and carl icahn worried about a fall event, politics notwithstanding that
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the market is paraphrasing here, long in the tooth. >> regardless of politics, regardless of the election and its results, i can share that concern. the central banks around the world have driven interest rates to zero and below. they've printed money. nobody has come up with a way of stimulating private enterprise either in europe, japan or the united states, and that's what's missing. i think trump's analysis, he gave it just the other day is accurate. it is to some degree a false economy. because janet yellen has financed president obama's low-growth policies. financed his failure of economic policy. now, what's going to happen next? what happens? you've got all the central banks keeping this zero interest rate policy, some are printing money, some buying corporate bonds, all acting together, no government anywhere -- neil: icahn called that a bubble.
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>> how do you argue with that? a bubble in bonds? not sure of the definition of that. there's something going on, i can't put my finger on it, but it's a great source of concern. why is it that no government in europe, japan or the united states has prepared to bite that bullet, lower taxes, and lower regulation. why aren't they doing that? because that's the one avenue that's left untested, untried, as we go through the morass of 1% growth. neil: i know took a beating in elections, expected to see that next week in elections in germany, italy, portugal, spain have, similar elections where rebellious candidates, extreme conservative candidates for a better term very concerned about the immigration issue. very trumpian-like, what's going on here? >> i think you are witnessing the slow but steady breakup of what we call the european union. that's the political and
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economic union of major european countries all tied together with the euro and the economic tax policy. it's breaking up, it's over. merkel finished third in the poll over the weekend and that was her home state by the way. we just heard that austria, the reason for the fallout against merkel is that she's the one who opened the doors in september of 2015, about a year ago, saying come on in! a million migrants. that changed germany forever. she didn't ask anybody else about it, and the migrants are free to go all over europe. and it's really turned the political tide. people are saying wait a second, we have every right to determine our or future, thank you very much, and you better ask us about it. strump saying very much the same thing. neil: isn't that fortress europe, some can deem it fortress america? >> i think there's a difference in the sense that europe is challenged by the migrants in a
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way that's never been challenged before. merkel opened the door, and they are free to go all over europe without hindrance, no borders, and another three million ready and willing to come in and want to come in. that's why when you say the expression fortress europe, it's understandable, i don't think it's understandable in the american context, we're not facing the same challenge or threat. we can manage our situation here. yeah. but we can manage what we've got here. the europeans can't. in austria, for example, we just learned 11,000 crimes committed. 11,000 migrants have committed crimes this calendar year, enormous proportion of the migrants who come into austria. 90% of the migrants have disappeared, they're all over the place. 1100 sex crimes committed in
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col cologne on new year's eve by migrants. if you're a european, you are thinking what is earth is going on in my continent? hence the fortress europe, keep them out throw them out mentality. it's ugly but inevitable when a continent is faced with the radical, cultural, religious change unannounced and unasked for. neil: you know what i learned? >> what did you learn? neil: why you're kicking cnbc's butt. >> tell me. tell me. [ laughter ] >> it was just a general kind of a point. >> we're doing very, very well. neil: indeed you are. >> and very happy about it. are you surprised? . neil: challenging them. >> we're happy and grateful. neil: i hear you are relentless with your staff and abusive and tough on them. you don't give them a break. >> i hear music playing. there's a break coming. get me out of this. neil: congratulations.
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>> welcome back, neil. you're a good man, i don't care what they say. neil: there we go. stuart varney telling it like it is. again, just watch his show, watch cnbc, with the sound down sometime. it's like a hostage state, that's what i'm saying. >> i don't know. neil: in the meantime, you've seen the polls out, the latest one that shows donald trump virtually even with hillary clinton but that does not quite take into account the electoral vote which is how we finally elect our presidents, and in that hillary clinton has a comfortable lead. for now larry sabato says that is the name of the game, the professor with us now. good to have you. >> neil, i got to say you're a sight for sore eyes. everybody has missed you. i certainly missed you. i want to tell you one thing, when i travel and i'm in airports, people have come up to me and asked me how's neil?
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and i've always said without really knowing, he's great. because i knew that's what you would want me to say. neil: no, no, no, no, professor, i'd like to leverage a little sympathy here. when you tell people he's great, they don't feel sorry for you anymore. >> well, that was my purpose. [laughter] >> i didn't want people blaming me simply making bets with you that you lose. i did not want that to happen. neil: you were right to do that. you were right to do that. >> you remember the only "saturday night live" line, you look marvelous, and you do. neil: you look marvelous! i've always loved to you death, professor, and got to get your take on this. you say it and i step as my insight and use it on future shows. here's what i don't understand. i know we in the media glom to the polls. the latest cnn poll shows the race narrowing.
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smart guys like you remind me the 1960 race was close between john kennedy and richard nixon, not when it came to the eltoral votes. that is when hillary clinton had the distinct benefit, even now, right? >> absolutely true, and again, your memory amazes me going back to 1960 which was essentially a tie in the popular vote and yet john f. kennedy got over 300 electoral votes. if you look just at the swing states, here's the real conclusion. forget about who's ahead in any given state, donald trump only has a couple of pathways to 270, i mean a minimal 270. hillary clinton has, by my count, 7 or 8 pathways to 270. now that's not to say in the end donald trump won't be able to get one of the two pathways to work but means hillary clinton has so many opportunities and so many more states to put 270 together.
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that at least as we round labor day, she has the edge. neil: now, what happens at this stage, i know we're just at labor day here and past that, still early, races can change, momentum can change, but it does seem, and i know it moves week by week, that she was riding high, doing well, he was stumbling, like a gaffe a day, and then it reversed, or she can't right herself. i know the swing is between campaigns, but does she have to worry? in other words, nationally the popular vote is narrowing, does that eventually mean the electoral vote or like in these battleground state polls, that could start narrowing and she could be in trouble? >> well, sure, if she continues to lose ground in the popular vote, it's eventually going to affect a lot of the swing votes. she's still ahead a little more than three points in the polling averages, that's what i rely on. we've learned over the year,
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neil, never cherry pick polls, because inevitably, we pick the poll that reflects our views and say hooray. neil: you are right. the one thing that is consistent when you looked at moving average ones or however, it has narrowed, could you see the possibility of a blowout election for either one? >> well, look, there are a lot of things that could happen between now and november 8th. you were talking with stuart varney about the economy. that's one. terrorism is something else. there are things that could happen that could change the equation. what's basically happened, neil, is hillary clinton's very substantial convention bounce has finally faded. now we're back to where we were in june before the two conventions were held. neil: yeah, do you think that donald trump, because expectations are so low for him going into the debate, that's actually helping him? >> i'll tell you what's helped him.
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he has been very active, very visible, doing things like going to mexico and going to louisiana, and hillary clinton dropped out of sight to raise money. and it's okay to raise money, she has to raise money, both candidates do. but i don't know why they couldn't have had more events and tried to generate a headline. i think that's part of it. enthusiasm is the other part of it. you and i and everybody knows that the trump people are about as intense as any group of people i've ever encountered in politics. neil: you're right. >> hillary clinton's broad body of potential voters is larger, but they aren't as enthusiastic. you can see it in minority communities, you can see it in university communities, young people, aftrican-americans, others aren't as enthused. she has to do something about it. neil: if we have a bet as to the little operation i had, i think rather than ice cream we
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move to frozen yogurt. >> not only frozen yogurt, neil, i'm telling you right now, i'm letting you win. >> perfect! >> that's the way i feel about it. neil: mark it down, the professor is letting me win which is the only way i will win. thank you, my friend. i welcome your support and kind words, be well, all right. >> thank you. neil: the guy is a genius, i have to admit that. you heard what mark cuban had to say, donald trump wins, market crash, really? >> i have no doubt in my mind the market tanks, so i literally have put on a more than 100% hedge that i'll put on stronger if it looks there's a better chance as we go forward. neil: i'm not a gazillionaire, the former sun microsystems co-founder sort of like an industry svengali, scott
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mcnealy. what do you think of what he said? . >> i think if he knew, he would just be an investor and wouldn't be off doing these other things. nobody knows, and anybody who says they knows is arguing a point, which is fine. neil: you know, there is this -- one thing i was telling our guest prior, scott, is that mark cuban, carl icahn, two guys politically on the extreme of each, yet very fearful of a fall event, that something could happen, not necessary leaf the magnitude of 2008, but -- but very bubbly, very much a concern. are you concerned? >> you know, i wish we had two better candidates out of the 350, i don't know how many people we have here, these are the best two we could come up with? we had a chance to vote for the best candidate everybody will have a chance to vote for in
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mitt romney. you can't script it -- i think he was too well scripted as a candidate, and people said it can't be true. you know, i think you have a really tough choice. you have one who does things that's really disappointing and scare me, and the other one that says things that disappoint and scare me sometimes. i think you can fix what people say, i don't know that you can fix what people do. the best ceo is worse than the best politician. my choice doesn't matter, i'm in a one party state in california. it doesn't matter who i vote for. maybe vote libertarian to make a point because it's not going to hurt donald and it's not going to help hillary in any way. it's really, really unusual that this is the best we could come up with. neil: it is weird, this process that yields these results. your old friend mitt romney is sitting this one out. he's not inclined to support
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donald trump at all, but what does that say about so many in the republican party who might -- who might be hurting and spiting only themselves? >> you know, there's an argument that says the left has no shame and the heck with it, we're totally supportive, and the right actually really does have some true conservatives that believe in less regulation, personal responsibility, smaller government and liberty, and those aren't words -- they may be feelings that trump has but aren't words he spews out regularly. but i'm sort of proud of the conservatives for at least having a little bit of remorse that this is where we are. i wish i saw more remorse on the left for where they are, which, you know, is -- i don't know, a long history of -- i don't know what to call it, just really strange conduct that makes me very nervous when
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you have large governments. neil: lesser of evils deal for you, right? >> absolutely. neil: interesting. scott, always interesting having you, thank you for taking the time. >> thank you. neil: scott mcnealy. you have been hearing a lot about vladimir putin. do you ever see this frozen face death stare he and barack obama had in asia? now there is more and more proof that the russians are indeed mettling in this election and specifically with democrats in this election. the former homeland security boss michael chertoff on that and the implications for all of us. after this. when it comes to healthcare,
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won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. and if you have more than one liberty mutual policy, you qualify for a multi-policy discount, saving you money on your car and home coverage. call for a free quote today. liberty stands with you™. liberty mutual insurance. . neil: leading aside, if this was professional boxing death stare before the main event,
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there was no event. these two, barack obama and vladimir putin could not agree on a syrian policy so we don't have one. it comes at a time we had pretty clear proof the russians are interfering in our elections the degree to which tampering with document and e-mails gets complicated here. the bottom line is it's scary stuff whether you are republican or democrat that they could do this. to former homeland security secretary michael chertoff on the tensions and what they mean. secretary, very good to have you. you know, right or left, this just is wrong, but they seem to be able to do it with abandon, huh? >> neil, first of all, good to be on the show. you know, there's a history of the russians actually trying to affect and interfere with election in other countries. we've seen that in europe where they used a variety of techniques to spread misinformation or to attack
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people that they don't like or even to put out information that is damaging that they've stolen. i can't say it's shocking to see it here but it is very concerning. neil: maybe help me with this, the russians keep saying we're not behind this but we're okay with it, we're okay with this stuff leaking out and coming to democrats. but no similar zeal to target republicans which leads me to think that maybe vladimir putin would prefer donald trump hillary clinton. i don't know if that's a good or bad thing but very revealing. what does it tell you? >> well, let me begin by saying, i think the experts have come out and identified a strong likelihood that the russians were involved in hacking into the democratic national committee. now i will tell you historically we've seen foreign countries hacking into databases of both republicans and democrats because they want to see what policymakers or
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potential policymakers are thinking. what was difference about this was that some of this information wound up in the hands of wikileaks with the pretty clear expectation wikileaks was going to put it out there. that's moving from simply collecting information to actually trying to affect public attitudes. so if you look at what has happened up to now, most of what has come out in the public arena through wikileaks is damaging to democrat us and could draw the conclusion whoever is putting this information out through wikileaks wants to hurt the democratic candidate. neil: why? is it assumed donald trump is better for them? >> couple things, first of all secretary clinton is experienced, a track record with the russians. she's been tough with the russians and i'm sure for that reason the russians would rather not see her cross the table again. i alsohinkbovend bond at tir pferee mabe i e ouome thelectn, i
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thinthers a nuinbenet to the russians in creating upheaval and disconcerting the american electorate and the american process. the russians in my view wrongly believe we tried to influence their electoral process. when we speak about human rights or the importance of democracy, they view that as tampering with their electoral process. they may be viewing this as turnabout. they're going to do to us what we imagine we do to them. neil: sunday is the 15th anniversary of 9/11. voters now, this struck me as odd, it is what it is, they're more worried about our security, more worried tha inkre apl rs an terms of the risk a large-scale plot along the lines of september 11th or the plot to blow up airliners we frustrated in 2006, we are
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safer against that plot because we've built robust intelligence collection and analytical capability that would detect some kind of big operation. what i think has changed now is terrorists have moved into a lot of low-level terrorism, what i call crowdsourcing terrorism where. they either have relatively small-scale plots or encourage hooem people who are their supporters to go out on their own and to freelance, so it looks like we have more incidents even though the scale of the incidents is much less than september 11th. this is very hard to stop. as we've seen historically in this country, if someone gets ahold of a gun, and whatever their motivation is, they choose to kill people. it's hard to stop that altogether. sometimes we can stop quickly and suppress it but to absolutely eliminate it is never proven a possibility.
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we have to adjust to a world where we have the small plots against soft targets particularly in europe in the last year. neil: secretary, i thank you, i think, scary stuff. we appreciate you taking the time. >> good to be on. neil: hillary clinton is starting to talk to reporters, but for how long and what's she saying?
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neil: all right. hillary clinton was just speaking to reporters, something she's been criticized for not doing enough, and among the issues she raised were the tax returns. she said she has submit hers for years, donald trump has yet to do the same and that it must mean, quoting here, he has something to hide. there are other things that are coming up in that including the release of all these e-mails that she has told reporters, nothing there. look the other way, move on. florida attorney general pam bondi with us right now to respond to that. what do you think of what she's
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saying, move on, nothing here? >> oh, neil, of course she's saying that because there's so much there. i mean, for it to come out that the secretary of state of the united states of america didn't know what c meant, that she didn't know it meant classified is absurd. it's absolutely absurd. and that she didn't pay attention to certain classification levels, that the secretary of state had 13 mobile devices and 5 ipads? that's unheard of. and i agree with rudy giuliani, i believe it's criminal. absolutely. neil: i don't know whether it's -- >> she obstructed justice. neil: they're going after donald trump and specifically you over his failure to disclose a $25,000 contribution a few years back in 2013 to a political group that was connected to you and whether to open a fraud
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investigation against donald trump that this smells bad, according to one clinton official. what do you say? >> smells bad. well, let me tell you, i will not be collateral damage in a presidential campaign, nor will i be a woman bullied by hillary clinton. this is about her trying to deflect everything she did as secretary of state. and as you saw, we've seen a retraction notice to newspapers who have printed anything about this as absolutely untrue. and hillary clinton will not bully me. neil: all right. so back to this if you'll just indulge me, they said that you personally petitioned for this money to mr. trump himself. that's not true? >> no. this is about, what she is saying is about -- no. of course i asked donald trump for a contribution. that's not what this is about. she was saying he was under investigation by my office at the time and i knew about it, none of which is true. neil: but the fact that he did
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not disclose that contribution led many to believe that there was some, some pay-for-play influence here. was there? >> we immediately, we immediately disclosed it, of course, on our reporting -- $25,000 from donald trump -- we reported it, and he reported it through a different entity which had the almost identical name if not the same name as my entity, my pac. and so they cleared that up with the irs. they reported it, but through a charitable organization by mistake. neil: do you think in florida with marco rubio winning the republican nomination to recapture his senate seat or hang onto it that it was deemed a setback to trump insofar as the state is not friendly to donald trump now and that moderate forces, not those, you
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know, gather populace rage like trump are going to succeed? >> oh, no. i think donald trump is going to do great in the state of florida. i think our military support him, i think absentee ballots are very important in florida. they always have been and always will be. and i believe it shows that marco rubio, of course, won the primary and will be our next u.s. senator as he should be, and yet donald trump overwhelmingly won the presidential primary. so, no, i don't see any disparity there, neil, at all. neil: all right. pam bondi, thank you very much for taking the time -- >> and, neil, welcome back. you look great. it's so good to see you. welcome back. neil: thank you. your eyes must be burrly, but i do appreciate that. pam bondi, the attorney general of the fine state of florida. do you ever see these studies that show the huge chasm between the rich and the poor? this says something about statistics, and they can play
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silly games with you. legendary economist thomas seoul says those kind of games are costing us a lot of money. he's next. ♪ ♪ he ran that company. i get it. but you know i think you own too much. gotta manage your risk. an honest opinion is how edward jones makes sense of investing. with toothpaste or plain water.an their dentures and even though their dentures look clean, in reality they're not. if a denture were to be put under a microscope, we can see all the bacteria that still exists on the denture, and that bacteria multiplies very rapidly. that's why dentists recommend cleaning with polident everyday. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria.
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guess, economic facade stats that are thrown at us including the raging gap between the rich and the poor. not to belabor the point, but one of the things that thomas points out is that it serves a purpose to refer to this chasm and pound it because it means more government involvement to help supposedly those on the shorter end of the stick. the language jend dare -- legendary economist with us right now. i guess what comes through loud and clear is that there's a predisposition then to say the government must fix this, the government must right this, when you make the point there are far more richer people now than years ago and fewer poorer people. i'm trivializing, simplifying, than a few years ago, right? >> well, yes. i love it when people talk about the haves and the have nots when the have nots of today, so-called, have things that even the haves didn't have, you know, a generation ago. for example, most of the people
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below the official poverty line, they have things like automobiles. most people in official poverty own at least one motor vehicle. they have cable television, they have of multiple tv sets, they have air-conditioning which i didn't have until i was well into my 40s. and it was only a window air conditioner at that. we're not talking central air-conditioning. but i think things that really drive me crazy are household incomes. i was looking at some data last night from the congressional budget office, all sorts of stuff based upon household incomes, the top and the bottom. and what most people who throw around those statistics don't understand is that there are literally 29 million more people in the top 20% of households than there are in the bottom 20%. in other words, the number of households is the same in both categories, but the number of people varies by 29 million.
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which is more than the combined population of new york, los angeles and chicago. neil: but by continuing to foist that, you make an argument for the government doing anything and everything to fix it, right? >> well, and many of the problems have been exacerbated by the government itself, and that's nowhere truer than in california where they're now once again wringing their hands about a lack of affordable housing. well, the very people who are doing that are the ones who are making the housing unaffordable by having vast amounts of territory in california off limits to the building of housing or anything else. neil: do you look at this contest, this presidential contest -- whatever your political feelings -- as a battle for more government or less government, you know? you have one candidate who's arguing government can fix things, make things better, and use this to support her argument -- i'm talking about hillary clinton -- that it has certainly helped in the last
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eight years versus donald trump, i know he's kind of all over the map on some of these issues, but basically that government can do a bit too much and actually manufacture a mirage? where are you on this? >> well, the government certainly manufactures a lot of mirages. one of which in the housing situation, they're constantly talking about how deregulation is what led to the housing crisis. well, no, it was the imposition of incredible amounts of regulation, all in the wrong direction that led lenders to be forced by the government to lend to people who couldn't pay them back. be. neil: if you don't mind, i don't want to appear patronizing, but as an african-american when you go before let's say african-american audiences, by and large monolithic democratic group, how is that ever shaken? how do you explain there is an alternative or there is a different way or this type of thinking has failed you? what do you do?
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>> well, actually, i haven't gone before audiences of any color for well over a decade. i left the lecture circuit and do not miss it in the slightest. [laughter] so i simply write for whoever wants to read it. and i think it's, i think people who are saying that donald trump should go into black neighborhoods and go before the naacp are getting it all wrong. the naacp does not own the black vote. he should approach blacks as he approaches everyone else. black people read the newspapers, they watch television, they even listen to the radio. neil: but monolithically, 95% of the time they go democrat. how do you change that? >> well, part of that is because the republicans have had, have had either nothing to say or nothing to say that was the least bit thoughtful or worthwhile. if if you don't put up a fight, the other guy's going to win. neil: that's very well put,
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thomas sowell. the book is wealth, power and politics. he turns conventional wisdom upside down can. thomas, thank you. >> thank you. neil: all right. in case you missed it, hillary clinton was talking to reporters. didn't spend a lot of time talking to them, but she did raise in the back of the plane, her plane, this whole clinton foundation brouhaha, much ado about nothing. i want you to meet a guest who says no int so, not even close. finish ur customers. who's with me? i'm in. i'm in. i'm in. i'm in. ♪ ♪ one, two, - wait, wait. wait - where's tina? doing the hand thing? yep! we are all in for our customers. ally. do it right.
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♪ ♪ >> i'm jeff flock with your fox business brief on a farm here in illinois where the price of beef on the hoof, take a look at the five-year chart, dropping again today to an all-time, five-year low. feeder cattle at the cme down to 1.30, a drop of $2 again today. you know, cattle herds got real tight as a result of that drought in 2011. people reduced herds. consequently, the price went up. well, now it's come all the way back down. part of that also is because now cattle feed, pretty cheap. look at all the corn in that. that's corn and soybean. we're going to have another record harvest this year as a result of just great weather, great crop. and so the cost of feed be much lower. that's your fox business brief. i'm jeff flock in sandwich, illinois. neil is back and better than
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theory machine factory, because honestly, they never quit. they keep coming back, and here's another one. it's been debunked. neil: well, that is news to judicial watch's chris farrell on this. i apologize. little slow at the start here, you're being with me, i appreciate that. chris, i'm looking at this, and what she's saying is much ado about nothing, everyone calm down, releasing all this stuff, getting this out there's no smoking gun, nothing smoking period. so guys like you have to just calm down, what do you say? >> we look forward to taking her sworn declaration in the form of written interrogatories at the end of the month. that's been ordered by judge sullivan. clearly, the judge doesn't believe it's a conspiracy theory s and what she's choosing to select or choosing to attack a judge selected by her own husband.
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neil: you know, you've been relentless, your organization, to get to this point where this stuff is being released. now you have to comb through it when it is. what do you expect to find? >> i think what's most interesting is what comes out of the fbi 302 or summary reports inas tt weekend, on friday, and that really demonstrated that the fbi punted. director comey disgraced himself. i think that the result of the report will be an institutional embarrassment for the fbi. there were no follow-up questions. mrs. clinton was never presented with documents that she had to sign like her nondisclosure agreement in order to explain how it is she developed this sudden amnesia. there's a lot to the story. there's everything that she said earlier, there's what we're going to get her under oath on, and that's someone no one else has done except for judicial watch. and then there'll be additional disclosures and records, there'll be whistleblowers, i
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believe, out of both the fbi and the state department, and lastly, this sort of this wildcard. there's things that may come out from julian assange or other hackers or who knows what. but when i think people line it all up and they compare the ever-changing story and the really pathetic half-hearted investigation by the fbi, they will be shocked. and i'm critical of the fbi because i'm a former special agent of army counterintelligence. i've done national security crime investigations. i've put people in jail, and i've stopped foreign intelligence agents from spying on headquarters u.s. army europe. so i'm not guessing at this, i've done it for a living. neil: scary stuff. we'll watch. i'm sure hillary clinton is taking note. chris, thank you very much. >> thank you. neil: you know, carl icahn, besides amusing on the latest politics du jour. had something to say about herbalife and the guy behind that investment.
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>> first of all, went on tv and started talking about the fact that an investment banker had called him saying my stock was for sale or something to that effect. neil: right. >> you know, i never offer my stock to anyone, plus the fact that you sort of violated a bit of a rule there. i would never talk on tv about business i get from my stock, you know? neil: interesting. so did bill ackman maybe break some rules along the way? charlie gasparino was listening -- >> he violated kind of a law, a rule.
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neil: why does he sound like rodney dangerfield? [laughter] >> i don't know if ackman violated the rule, because he could say he heard from a banker who, you know, who told him, who got, who oftenned the bid to carl -- offered the bid to carl. neil: but he's judging the intentions of an investor. >> of everybody. neil: right? is there anything wrong with that? >> which side? is there anything wrong with -- neil: ackman's side. he is telegraphing -- turns out he was wrong. >> yeah. a lot of this stuff is done under the code of silence. you know, there's a code here. your word is your bond, you're supposed to not be releasing bids, and a lot of this stuff can be gained. what's interesting about this, there's a lot of ways to play -- the stock moved on that report first reported by the "wall street journal" and then tripled down in the most ridiculous, unscrupulous way by cnbc where they basically gave bill ackman the microphone and didn't really challenge him -- i knew the
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story was fishy from day one, and here's why: usually you find out about bids after the trade. i talked to a few traders, it's almost unprecedented that a block sale like this that they were saying he was looking to unload his massive position in a stock, usually that occurs after it's done, not before. you don't want anyone to know your position, because then they game you. neil: what would ackman have to gain? >> i don't know. neil: it turns out icahn does just the opposite. >> what would the investment banker have to gain in releasing the information -- neil: by the way, icahn is out of apple altogether. >> totally. he got his pound of flesh, we should point out. neil: right. not inclined to buy thinking. >> he hates the market. neil: he does. >> what gave that story the sort of patina, so to speak, to use a $3 word of truth or veneer of truth is that, you know, carl hates the market right now. neil: he does. >> he wants out of it.
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the real question is does he think this thing's going private, and i think there's a good chance herb herbalife says enough's enough, let's go private. i'm not saying bill ackman did anything illegal, let's be clear. i don't know the law. these conversations about bids -- and people get bids all the time -- are generally done in private for a reason. front running is is a sale. neil: watching at home, you're very good. >> thank you. i've learned from the best. neil: watching you in person, it's negligible. >> it's hard to tell how buff i am with my clothes on. [laughter] could i come in without my clothes one day? neil: you're the best, no one's better. i'm telling you that. more after this.
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20 points. september can be a rocky month, the most problematic month of the year after a flat and steady as she goes august. you heard from mark cuban, carl icahn, political extremes who are worried about it, past that along and cheryl casone he knows about the same worries. cheryl: i loved your interview with mark cuban because he was wearing a t-shirt that says iron man. i thought that is neil cavuto. you are the iron man. great to see you. we are now down to the final stretch, until this election. donald trump leading hillary clinton in the polls and pulling out all the stops. i am cheryl casone he in for trish reagan, welcome to "the intelligence report". the donald trump campaigning
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